Extended Duration Clause Samples

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Extended Duration. The parties acknowledge that this covenant has an extended duration; however, they agree that this covenant is reasonable and it is necessary for the protection of Employer, its shareholders and employees.
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Extended Duration. The Company and the Shareholders shall make an ------------------ application to the Approval Authority at least six (6) months prior to the expiry date of the Duration of the Joint Venture for same to be extended as follows: 14.2.1 if the Company has been profitable, for a further period of thirty (30) years; or 14.2.2 if any loan owed to Party B either by the Company or by Party A or vice versa is not completely repaid, for such further period, if any, as Party B may consider necessary to ensure that such loan is completely repaid.
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Extended Duration. Should such temporary leave replacement assignment extend beyond the contract year, it shall be posted at the beginning of the next contract year as a temporary leave replacement position.
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Extended Duration. Notwithstanding the above indemnity period, each ----------------- of the Indemnifying Stockholders, effective on the Closing Date and for a period until the later of (i) the expiration of applicable statutes of limitations (including any voluntary extensions thereof) or (ii) forty-eight (48) months after the Closing Date, agrees, severally and not jointly, to indemnify and hold the Indemnified Parties harmless against the Indemnifying Stockholder's Pro Rata Portion of any Losses incurred by any Indemnified Party as a result of any inaccuracy or breach of the representation and warranty contained in Section 3.11 hereof or in any certificate or instrument delivered pursuant thereto but the aggregate indemnification of this Section 10.1(b) for any such Losses arising out of or in any way connected with the operation or sale of PVI's German subsidiary or operation of PVI's other foreign subsidiaries shall be limited to one-half of the amount by which such Losses exceed the sum of the amount accrued for such liabili ties on the PVI Balance Sheet plus any remaining amount under Section 10.2 plus $200,000.
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Extended Duration. The duration of the foregoing covenant shall be extended beyond the time period set forth therein for a period equal to the duration of any breach or default of such covenant by ▇▇▇▇.
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Extended Duration. This Agreement is commencing on June 1, 2020 and ending on October 31, 2020. Recipient must expend the grant funds during the term of this Agreement or remit the remaining balance back to the City.
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Extended Duration. At any time within 180 days prior to December 31, 2007, the Transferor, by written notice to the Voting Trustees and subject to their written consent, may extend the term of this Trust for an additional period not to exceed ten (10) years.
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Extended Duration. The Museum may, with the consent of the Exhibitor, extend the duration of the exhibition.
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Extended Duration. The employee is responsible for advising the supervisor of the estimated period of absence. Employees unable to return at the end of the period for which leave was approved will again notify the supervisor and request additional leave.
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Related to Extended Duration

  • Agreement Duration The term of the Agreement shall begin and end on the dates indicated in the Standard Grant Agreement, unless extended or terminated earlier in accordance with the applicable terms and conditions. The Grantee shall be eligible for reimbursement for work performed on or after the date of execution through the expiration date of this Agreement, unless otherwise specified in Attachment 2, Special Terms and Conditions. However, work performed prior to the execution of this Agreement may be reimbursable or used for match purposes if permitted by the Special Terms and Conditions.

  • Pact Duration The provisions of this Pact shall come into effect from the date of signing of this Pact by the both parties. It expires for the Contractor 12 months after the last payment under the respective contract, and for all other Bidders 6 months after the contract has been awarded. If any claim is made / lodged by either party during this time, the same shall be binding and continue to be valid despite the lapse of this pact as specified above, unless it is discharged/determined by the Chairperson of the Principal.

  • TERM AND DURATION 4.1 The Company shall commence upon the filing of the Certificate of Formation, and shall continue in full force and effect until May 1, 2024, provided, however, that the Company shall be dissolved prior to such date upon the happening of any of the following events: (a) The mutual written consent of the Members to dissolve the Company. (b) The sale or other divestiture of all or substantially all of the assets of the Company and the distribution of the proceeds thereof to the Members, including real estate or interests held or owned by the Company (other than a transfer to a nominee of the Company for any Company purpose, which event shall not be construed as an event of termination); provided, however, that (i) if the Company receives a purchase money mortgage or other collateral security in connection with such sale, the Company shall continue (A) until such mortgage or security interest is paid in full or otherwise disposed of, or (B) in the event of foreclosure of such mortgage, or security interest provided the Company retains title therein; and (ii) the Company shall continue if the assets of the Company are exchanged under Section 1031 of the Code. (c) Upon the death, retirement, expulsion, bankruptcy or dissolution of a Member or occurrence of any other event that terminates the continued membership of a Member in the Company (a "Dissolution Event") unless the business of the Company is continued by the unanimous consent of the remaining Members within ninety (90) days following the Dissolution Event. (d) The entry of a decree of judicial dissolution under Section 49 of the Act. (e) The happening of any other prior event which pursuant to the terms and provisions of this Operating Agreement shall cause a dissolution or termination of the Company. 4.2 Upon any dissolution of the Company, the distribution of the Company's assets and the winding up of its affairs shall be concluded in accordance with Article 19 of this Operating Agreement.

  • COMMENCEMENT AND DURATION 3.1 This Agreement will commence on the 1 July 2019 and will remain in force until 30 June 2020, after which a new Performance Agreement and Performance Plan shall be concluded between the parties for the next financial year or any portion thereof. 3.2 The parties will review the provisions of this Agreement during June each year. The parties will conclude a new Performance Agreement and Performance Plan that replaces this Agreement at least once a year by not later than the beginning of each successive financial year. 3.3 This Agreement will terminate on the termination of the Employee’s contract of employment for any reason. 3.4 The content of this Agreement may be revised at any time during the above-mentioned period to determine the applicability of the matters agreed upon. 3.5 If at any time during the validity of this Agreement the work environment alters (whether as a result of government or council decisions or otherwise) to the extent that the contents of this Agreement are no longer appropriate, the contents shall immediately be revised.

  • Effective Date; Duration This Agreement shall become effective when signed by both parties and approved by the City’s legal counsel. Unless sooner terminated, this Agreement shall expire on June 30, 2019. Termination or expiration shall not extinguish or prejudice the City’s right to enforce this Agreement with respect to any default or defect in performance that has not been cured.